Japanese Sake market report May 2021
Please find the updating market report of May 2021. As the data is available slightly late, this month ikki will deliver the statistics of March 2020.
To be precise, Sake on the data means exported products from Japan under HS code of 2206.00.
The data you can find is as below;
- Total exported volume and value March 2021
- Exported volume by area March 2021
- Exported amount by area and its ratio March 2021
- Average FOB price March 2021
- Exchange rate May 2021
Please find the data below.
Total exported volume and value March 2021
The export value and volume increased rapidly to about 3.5 billion JPY and 3.3 million litre. Increase inoculation of covid-19 vaccine in the world can be one of the main reason of this bounce back.
Exported volume by area March 2021
Looking at the volume of each area of the world, in most of area the volume is increasing against the last month except Africa. The remarkable rise was seen especially in North America, East Asia, Oceana and North Europe. On the other hand, South Asia and East Europe is still under tough situation.
Exported amount by area and its ratio March 2021
Looking at the area comparing to the last year, the increase in South America is outstanding. There are many areas such as East Asia, South Asia, Oceania and Northern Europe grew over a year, but there were small amount of trading in January and February, so it causes the increase in March
Average FOB price March 2021
The average FOB price is steadily going up over the year. The graph above shows that there are some links between FOB price and covid situation all over the world.
In addition, March was the one of the month which have the lower FOB prices over the year, but it is high this year. We cannot clearly see the reason.
Exchange rate May 2021
The exchanging rate is getting better for those who import. Euro is continued to be strong against JPY, and USD is also keeping the rate around 110 JPY/USD.